HDFC Asset Management Balance Sheet Health
Financial Health criteria checks 5/6
HDFC Asset Management has a total shareholder equity of ₹70.8B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ₹75.5B and ₹4.8B respectively. HDFC Asset Management's EBIT is ₹26.7B making its interest coverage ratio 294.2. It has cash and short-term investments of ₹69.3B.
Key information
1.8%
Debt to equity ratio
₹1.25b
Debt
| Interest coverage ratio | 294.2x |
| Cash | ₹69.32b |
| Equity | ₹70.75b |
| Total liabilities | ₹4.79b |
| Total assets | ₹75.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541729's short term assets (₹71.4B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: 541729's short term assets (₹71.4B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: 541729 has more cash than its total debt.
Reducing Debt: 541729's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 541729's debt is well covered by operating cash flow (1292.3%).
Interest Coverage: 541729's interest payments on its debt are well covered by EBIT (294.2x coverage).